How might a financial manager and the department administrator for your chosen capital investment plan work together to make an effort on reducing days in accounts receivable?

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Measures For Sucess: Liquidity Position Of A Company

INSTRUCTIONS:

Measures for Success



Financial managers may work alongside general services managers to address certain measures of liquidity. How might a financial manager and the department administrator for your chosen capital investment plan work together to make an effort on reducing days in accounts receivable?  If you are successful with your financial performance and are paid a bonus based on  profitability , which measure should be used?



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CONTENT:



Measures of Success

Student`s Name

Institutional Affiliation

The liquidity position of a company plays a very substantial role in the decision-making process in regard to issues that concern the future of the company. Therefore, general services managers and financial managers have the obligation of working together to ensure that the days of accounts receivables have been reduced. In order to achieve this, financial managers and department administrators can carry out different activities such as data centralization and communication, the use of bus

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